If you compare the increase in value of investment property in Strathdale, 3550 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.24%.
Over the longer term, Strathdale has seen property prices show investors a 9.09% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Strathdale is $420000, with sellers offering an average of -6.08% off the asking price.
Residents and property investors in Strathdale have been waiting around 91.11 days to sell a property.
Situated 129.50km from the CBD, Strathdale is one of Greater Bendigo localities in the postcode 3550.
At number 917th in the list of Australian suburbs ordered by increase in median house value over the last year, Strathdale, 3550 is in the BOTTOM 50% with a property value increase of 2.72% recorded in median house prices.
If we look at median property appreciation over just the last three months, Strathdale has given property investors a paper return of 8.87%. This puts Suburb as 18 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Strathdale is offering property investors an average of -4.87. This rate of discount on properties puts Suburb at number 231th in terms of most discounted suburbs in VIC
A $260 per week rent on the median house gives suburb investors a gross yield of circa 5.12%, without taking into account capital value appreciation, which has been averaging out at 4.27%.